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RE: Christmas Comes Early

in LeoFinance8 days ago

Seeing BTC getting at 100k and over is quite exciting! Next year might be such a great one... also those funding rate stuff looks insane: just to understand it a little better, how much did you put on your trade to get those 50 bucks?

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I was risking like $400 on an x10 short so I was actually going for a lot more than a $50 gain (more like $1000) but then the funding rate got chopped in half so I just abandoned the plan and took the money. The rate is still double the baseline so many I should have stuck with it but day-trading stresses me out sometimes.

Yeah, it looks stressful even from the outside.. I can't even imagine myself doing it, I would be too scared to mess up things and throw my money out of the window! Still 50 bucks earned from 400 seems like a very solid deal: not a life-changing amount of money, but still a nice profit.